416 West Broadway All Office
- Usage: Office
- Type: Sale
- Floor: All
- Size: 13,390 SQFT
- Price: $17,950,000
- Term: Ownership
- Broker: Jonathan Anapol
- Telephone: 212-268-8289
This incredible property is comprised of two condominiums, including five apartments and one office in condo #1 and one commercial condo in condo #2, making it an ideal investment opportunity for new ownership seeking a stable and lucrative investment in a highly desirable location.
Situated in one of the most prominent shopping areas in SoHo, 414-416 West Broadway is surrounded by some of the biggest names in fashion, including Yves Saint Laurent, Nike, Gucci, CHANEL, Versace, and Louis Vuitton, making it the perfect location for retailers seeking high foot traffic and brand visibility.
With easy access to the C, E, R, W, and 6 subway lines, transportation is a breeze, making it easy to reach all parts of New York City.
The property has undergone significant upgrades in recent years, including complete apartment renovations, electrical modernization, elevator installation, and a new HVAC system. The top two floors feature immaculately renovated apartments, while the second-floor office and apartment offer short-term upside opportunities for owner-occupiers looking to add value.
Approved plans are in place for the renovation of apartment 2N, and the office unit could be renovated for commercial or residential use. The ground floor commercial condo is currently occupied by Makeda, a high-end fragrance store featuring a small coffee and tea bar, providing a stable rental income stream for new ownership.
Don't miss out on this incredible opportunity to invest in one of New York City's most coveted neighborhoods. Contact us today to schedule a viewing of 414-416 West Broadway and take the first step towards owning a piece of SoHo's thriving real estate market.
Property Features
- Exceptional four-story mixed-use elevator building in the heart of SoHo, one of New York City's most sought-after neighborhoods
- Two condominiums comprising five apartments and one office in condo #1 and one commercial condo in condo #2, totaling approximately 13,390 gross square feet
- Stable, core investment in a highly coveted and supply-constrained neighborhood of New York City
- Prominent shopping area in SoHo, surrounded by some of the biggest names in fashion such as Yves Saint Laurent, Nike, Gucci, CHANEL, Versace, and Louis Vuitton
- Conveniently located near the C, E, R, W, and 6 subway lines, offering easy access to all parts of the city
- Significantly upgraded building with complete apartment renovations, electrical modernization, elevator installation, and a new HVAC system
- Immaculately renovated top two floors, offering short-term upside potential for owner-occupiers looking to add value
- Approved plans for the renovation of apartment 2N and the potential to renovate the office unit for commercial or residential use
- Ground floor commercial condo currently occupied by a high-end fragrance store featuring a small coffee and tea bar, providing a stable rental income stream for new ownership
- An incredible opportunity to invest in one of New York City's most coveted neighborhoods. Contact us today to schedule a viewing of 414-416 West Broadway and take the first step towards owning a piece of SoHo's thriving real estate market.
About the Building
This four-story mixed-use elevator building located in the heart of SoHo in downtown Manhattan is currently for sale. The offering consists of two condominiums, one being five apartments and one office, and the other being a commercial condo (the second commercial condo has already been sold), totaling approximately 13,390 gross square feet. The property provides new ownership with a stable, core investment in a highly coveted and supply-constrained neighborhood of New York City. It is situated in one of the most prominent shopping areas in Soho, surrounded by top fashion brands such as Yves Saint Laurent, Nike, Gucci, CHANEL, Versace, and Louis Vuitton. The property is also conveniently located near the C, E, R, W, and 6 subway lines, offering easy access to all parts of the city.
Significant upgrades have been made to the building in recent years, including complete apartment renovations, electrical modernization, elevator installation, and a new HVAC system. The top two floors have been immaculately renovated, while the unrenovated second-floor office and apartment offer short-term upside potential for the new owner. The approved plans for the renovation of apartment 2N and the potential to renovate the office unit for commercial or residential use further enhance the property’s value. The ground floor commercial condo is currently occupied by a high-end fragrance store featuring a small coffee and tea bar.